Multiple Choice
Suppose a typical worker in India can produce 32 units of product in an eight-hour day,while a typical worker in Bangladesh can produce 30 units of product in a 10-hour day.We can conclude that
A) worker productivity in Bangladesh is higher than in India.
B) the standard of living will likely be higher in India than in Bangladesh.
C) productivity is 4 units per hour for the worker in Bangladesh and 3 units per hour for the worker in India.
D) there will be no difference between the standard of living in India and Bangladesh.
Correct Answer:
Verified
Correct Answer:
Verified
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